@MitchInvest2018 , Yet you have a 'buy' on LRS with a resource of 45.2 mt at 1.32% and Market Cap of about a $1 billion, years from production and located in Brasil. If you truly believe LTR will get to 75c then LRS, on your logic here, is going to 5c.
LTR near production, a higher grade resource and more identified resource than LRS, located in Oz and you have that valuation for LTR.
For avoidance of doubt, I am not bagging LRS, I am corresponding with someone who clearly has no understanding and consistency in views/logic (taking into account estimated lithium supply shortfalls to meet demand) in stocks they post in.
All IMO
@MitchInvest2018 , Yet you have a 'buy' on LRS with a resource...
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Last
78.5¢ |
Change
0.060(8.28%) |
Mkt cap ! $1.903B | |||
| Open | High | Low | Value | Volume |
| 76.5¢ | 79.5¢ | 74.5¢ | $19.01M | 24.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 46043 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.0¢ | 62337 | 7 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LTR (ASX) Chart |